The first table below looks at the demand for Stress Testing skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Stress Testing over the 3 months to 20 June 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the City of London region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
20 Jun 2013
Same period 2012 Same period 2011
Stress Testing
Rank 188 157 166
Rank change year-on-year
-31 +9
Contract jobs citing Stress Testing 27 57 72
As % of all contract IT jobs located in the City of London 0.392% 0.749% 0.718%
As % of the Processes & Methodologies category 0.529% 1.037% 1.013%
Number of daily rates quoted 23 46 63
Average daily rate £475 £500 £600
Average daily rate % change year-on-year
-5.00% -16.66%
90% offered a daily rate of more than £415 £288 £460
10% offered a daily rate of more than £550 £663 £700
UK excluding London average daily rate £350 £450 £425
% change year-on-year
-22.22% +5.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Processes & Methodologies
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
5105 5494 7109
As % of all contract IT jobs located in the City of London 74.08% 72.20% 70.93%
Number of daily rates quoted 3858 4048 5239
Average daily rate £450 £475 £500
Average daily rate % change year-on-year
-5.26% -5.00%
90% offered a daily rate of more than £310 £301 £325
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £370 £363 £375
% change year-on-year
+2.06% -3.33%
Number of hourly rates quoted 98 80 126
Average hourly rate £27.97 £25.00 £25.00
Average hourly rate % change year-on-year
+11.88% -
90% offered a hourly rate of more than £17.70 £16.50 £14.50
10% offered a hourly rate of more than £60.00 £48.00 £55.00
UK excluding London average hourly rate £30.50 £25.00 £29.00
% change year-on-year
+22.00% -13.79%
Stress Testing
London

Stress Testing
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Stress Testing across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

City of London Stress Testing Jobs Demand Trend

Stress Testing
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Stress Testing across the City of London region.

City of London Stress Testing Daily Rate Trend

Stress Testing
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Stress Testing across the City of London region over the 3 months to 20 June 2013.

City of London Stress Testing Daily Rate Histogram

Stress Testing
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Stress Testing across the City of London region.

City of London Stress Testing Hourly Rate Trend

Stress Testing
Top 30 Related IT Skills

For the 6 months to 20 June 2013, IT contractor jobs across the City of London region citing Stress Testing also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Stress Testing.

1 31 (53.45%) Banking
1 31 (53.45%) Market Risk
2 26 (44.83%) SQL
3 25 (43.10%) Finance
4 19 (32.76%) Risk Management
5 16 (27.59%) Investment Banking
6 13 (22.41%) .NET
7 12 (20.69%) Front Office
8 11 (18.97%) Derivative
9 10 (17.24%) Microsoft
9 10 (17.24%) SQL Server
10 9 (15.52%) UML
10 9 (15.52%) Credit Derivative
11 8 (13.79%) Equities
11 8 (13.79%) Performance Testing
11 8 (13.79%) Test Scripting
12 7 (12.07%) Credit Risk
12 7 (12.07%) Foreign Exchange (FX)
12 7 (12.07%) Agile Software Development
13 6 (10.34%) Business Analysis
13 6 (10.34%) Subversion
13 6 (10.34%) JIRA
13 6 (10.34%) Linux
13 6 (10.34%) TCP/IP
13 6 (10.34%) Regression Testing
13 6 (10.34%) OO
13 6 (10.34%) Data Modelling
13 6 (10.34%) Oracle
13 6 (10.34%) VBA
13 6 (10.34%) QA

Stress Testing
Top Related IT Skills by Category

For the 6 months to 20 June 2013, IT contractor jobs across the City of London region citing Stress Testing also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Stress Testing. Up to 20 skills are shown per category.

Application Development
1 13 (22.41%) .NET
2 5 (8.621%) Ajax
3 4 (6.897%) ASP.NET
3 4 (6.897%) jQuery
4 3 (5.172%) AngularJS
4 3 (5.172%) XML
4 3 (5.172%) CSS
4 3 (5.172%) HTML
5 2 (3.448%) MDX
5 2 (3.448%) SOAP
5 2 (3.448%) soapUI
5 2 (3.448%) ASP.NET MVC
6 1 (1.724%) Servlets
Application Platforms
1 2 (3.448%) SharePoint
1 2 (3.448%) Confluence
2 1 (1.724%) Oracle Workflow
Applications
1 4 (6.897%) MS Excel
2 1 (1.724%) PowerPivot
2 1 (1.724%) MS Visio
Business Applications
1 2 (3.448%) Adaptiv
Communications & Networking
1 6 (10.34%) TCP/IP
2 2 (3.448%) HTTP
2 2 (3.448%) HTTPS
Database & Business Intelligence
1 10 (17.24%) SQL Server
2 2 (3.448%) SQL Server Reporting Services
2 2 (3.448%) Data Warehouse
2 2 (3.448%) MS Access
3 1 (1.724%) SQL Server Analysis Services
3 1 (1.724%) PerformancePoint
3 1 (1.724%) SQL Server 2008
3 1 (1.724%) Data Mining
3 1 (1.724%) Data Mart
3 1 (1.724%) Microsoft Analysis Services
3 1 (1.724%) SQL Server Integration Services
Development Applications
1 6 (10.34%) Subversion
1 6 (10.34%) JIRA
2 4 (6.897%) ClearCase
3 3 (5.172%) Firebug
4 2 (3.448%) JMeter
4 2 (3.448%) NUnit
4 2 (3.448%) TestDirector
4 2 (3.448%) Visual Studio
4 2 (3.448%) Hudson
4 2 (3.448%) Rhino Mocks
4 2 (3.448%) Moq
4 2 (3.448%) Git (software)
4 2 (3.448%) Team Foundation Server
4 2 (3.448%) Atlassian Bamboo
5 1 (1.724%) OpenSTA
5 1 (1.724%) LoadRunner
General
1 31 (53.45%) Banking
2 25 (43.10%) Finance
3 16 (27.59%) Investment Banking
4 12 (20.69%) Front Office
5 2 (3.448%) Legal
5 2 (3.448%) Corporate Banking
6 1 (1.724%) Back Office
6 1 (1.724%) Financial Institution
6 1 (1.724%) Private Banking
6 1 (1.724%) Retail
6 1 (1.724%) Advertising
Job Titles
1 38 (65.52%) Analyst
2 22 (37.93%) Business Analyst
3 15 (25.86%) Risk Analyst
3 15 (25.86%) Market Risk Analyst
4 13 (22.41%) Market Analyst
5 12 (20.69%) Test Analyst
6 11 (18.97%) Market Risk Business Analyst
7 8 (13.79%) Developer
8 7 (12.07%) Project Manager
9 6 (10.34%) QA Test Analyst
9 6 (10.34%) QA Analyst
10 4 (6.897%) Delivery Manager
10 4 (6.897%) IT Business Analyst
11 3 (5.172%) Web Developer
11 3 (5.172%) Solutions Analyst
11 3 (5.172%) SQL Developer
12 2 (3.448%) Data Analyst
12 2 (3.448%) .NET Developer
12 2 (3.448%) Technical Manager
12 2 (3.448%) ASP.NET Developer
Miscellaneous
1 31 (53.45%) Market Risk
2 11 (18.97%) Derivative
3 9 (15.52%) Credit Derivative
4 8 (13.79%) Equities
5 7 (12.07%) Credit Risk
5 7 (12.07%) Foreign Exchange (FX)
6 5 (8.621%) Fixed Income
7 2 (3.448%) Open Source
7 2 (3.448%) Swaptions
8 1 (1.724%) Reference Data
8 1 (1.724%) Mathematics
Operating Systems
1 6 (10.34%) Linux
2 3 (5.172%) UNIX
3 2 (3.448%) Windows
Processes & Methodologies
1 19 (32.76%) Risk Management
2 9 (15.52%) UML
3 8 (13.79%) Performance Testing
3 8 (13.79%) Test Scripting
4 7 (12.07%) Agile Software Development
5 6 (10.34%) Business Analysis
5 6 (10.34%) Regression Testing
5 6 (10.34%) OO
5 6 (10.34%) Data Modelling
6 5 (8.621%) User Acceptance Testing
6 5 (8.621%) Project Management
7 4 (6.897%) RUP
7 4 (6.897%) OOP
7 4 (6.897%) Monte Carlo Method
8 3 (5.172%) Greeks
8 3 (5.172%) Load Testing
8 3 (5.172%) Use Case
8 3 (5.172%) Performance Improvement
8 3 (5.172%) Test Strategy
8 3 (5.172%) Integration Testing
Programming Languages
1 26 (44.83%) SQL
2 6 (10.34%) VBA
2 6 (10.34%) PowerShell
3 5 (8.621%) Java
4 4 (6.897%) JavaScript
4 4 (6.897%) C#
5 3 (5.172%) PHP5
5 3 (5.172%) PHP
6 2 (3.448%) C
6 2 (3.448%) T-SQL
7 1 (1.724%) Perl
Qualifications
1 4 (6.897%) Degree
2 2 (3.448%) DV Cleared
2 2 (3.448%) Security Cleared
3 1 (1.724%) Postgraduate
Quality Assurance & Compliance
1 6 (10.34%) QA
2 3 (5.172%) Basel II
3 1 (1.724%) Basel III
Systems Management
1 5 (8.621%) HP Quality Center
Vendors
1 10 (17.24%) Microsoft
2 6 (10.34%) Oracle
3 4 (6.897%) SunGard
4 3 (5.172%) Murex
4 3 (5.172%) Bloomberg
4 3 (5.172%) Google
5 2 (3.448%) Reuters
5 2 (3.448%) Calypso
5 2 (3.448%) Wall Street Systems
6 1 (1.724%) Algorithmics
6 1 (1.724%) Telerik
6 1 (1.724%) Perforce
City of London
Key skills and experience: - Experience with Market Risk IT... - Risk management, VaR, Risk sensitivities, stress testing... Key Words - MARKET RISK, PRODUCT CONTROL, RISK MANAGEMENT, STRESS TESTING, VAR, SQL,...
Huxley Associates
Rate: £500 - £600 per day
Posted: 10 June 2013
City of London
Develop and execute test plans for integration testing... SQL and UML Modelling... Risk Management Qualification... Data Modelling experience (UML or ER) SQL Experience. Market risk knowledge. VaR & Stress...
Real Staffing
Rate: £450 - £550 per day
Posted: 10 June 2013
City of London
Strong Stress Testing, SQL and UAT background. Excellent Microsoft Excel and Access experience... Key Words: Market Risk, Test Analyst, Credit Risk, Fixed Income, UAT, Busines Analyst, Investment Banking,...
Orgtel
Rate: £500 - £600 per day
Posted: 4 June 2013
City, London
My Client is a Tier 1 Investment Bank who is looking for a Credit Risk Stress Testing Business Analyst to join their team for an initial 6 month...
Aston Carter
Rate: £500 - £650 per day
Posted: 13 June 2013